Roundup: Omnidek / Investar Bank / LSU football 

Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.

Expansion: Baton Rouge-based Omnidek Inc. has closed on its second round of capital, bringing total funding to date to $3 million, led by Louisiana Fund II and Innovation Catalyst. In addition to the capital raised, Omnidek added two Industry veterans to the board—Ajoy Krishnamoorthy, who currently serves as vice president of platform and technology for Acumatica, and Huey Ngo, a former Bomgar Corp. executive. Read the full announcement. 

Bank HQ: Investar Bank today announced it has purchased the first floor at its corporate headquarters, located on Coursey Boulevard. The purchase gives Investar complete ownership of Investar Tower. The bank originally purchased the third floor six years ago and acquired the second floor in August 2016 when the Clerk of Court, the former second-floor tenant, made plans to relocate.  

Historic matchups: LSU has added Southern and Grambling to its future football schedules, WAFB-TV reports. The move marks the first time the Tigers will face the two in-state historically black universities in football, according to athletic director Scott Woodward. LSU will host Southern on Sept. 10, 2022, and will host Grambling on Sept. 9, 2023. Read the full story. 

Advertisement

Editor’s note: This story has been updated since it was first published to show that Investar Bank purchased the first floor. Daily Report regrets the error. 

Discussion (0)

From Our Partners

Daily Report Poll

ASK AI

Ask anything about Baton Rouge business